Life-Insurance Sector Generally Oversold

Sterne Agee says that despite the headwinds there are some winners.

Sterne Agee & Leach

FOLLOWING A DISMAL THIRD QUARTER and taking into account perhaps a worse October, we are adjusting earnings-per-share estimates, price targets, upside/downside ratios and book value per share (BVPS) estimates for our current coverage universe [in the life-insurance sector].